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4.000 Administration

4.100 President

4.110 Special Committees

4.200 Classified Personnel

4.220 Support Staff

4.230 Contractual Personnel

4.240 Extra Help and Student Employees

4.300 Personnel Information

4.310 Staff and Faculty Evaluation

4.320 Search Committee Process

4.330 Employment and Termination

4.340 Employee Grievance Procedures

4.350 Staff Governance and Organization

4.400 Health and Disability Insurance and Retirement

4.410 Voluntary Early Retirement Plan

4.420 Definition of Retirement

4.430 Credit Union

4.440 Employee Tuition Waiver

4.450 Faculty/Staff Discount for Community and Corporate Training

4.500 Catastrophic Leave Policy

4.510 Purchase of Unused Sick Leave

4.520 Attendance and Punctuality

4.530 Work Schedules and Office Hours

4.540 Transfer of Leave Between State Agencies

4.550 Time Sheets

4.560 Overtime

4.570 Participation in Fall Workshop and Graduation

4.580 Travel Reimbursement

4.420 Definition of Retirement


Policy Number: 4.420 

Subject: Definition of Retirement

Date Adopted: August 27, 2003, Revised August 25, 2004, Revised January 23, 2008

The following definition of retirement is adopted for use with various situations at National Park Community College, such as purchase of health insurance by retired employees, repurchase of unused sick leave from retired employees, etc.

A retired employee is a person who has left college employment under the following conditions and shall be entitled to full retirement benefits including the repurchase of sick leave:

● Retired under the provisions of the National Park Community College Early Retirement Plan.

- or -

● Is at least 55 years old, has been employed by National Park Community College (to include employment by either Garland County Community College or Quapaw Technical Institute) for at least
10 years of service recognized by National Park Community College and the State systems for annual
leave and career service. Even if there are recognized years of employment from other state agencies, at
least five years of the employment must be by National Park Community College.

A retired employee is a person who has left college employment under the following conditions and shall be entitled to limited retirement benefits not to include the repurchase of sick leave:

● Is at least 60 years old, and has at least 5 years of service recognized by the State system for annual leave and career service.